Bright Mountain Media (OTCMKTS:BMTM) Announces Quarterly Earnings Results

Bright Mountain Media (OTCMKTS:BMTM) posted its quarterly earnings results on Thursday. The company reported ($0.02) earnings per share for the quarter, Zacks reports. The business had revenue of $13.63 million for the quarter.

Bright Mountain Media Stock Performance

Shares of BMTM stock remained flat at $0.01 on Friday. The firm has a market capitalization of $1.67 million, a PE ratio of -0.13 and a beta of 114.49. The company’s 50-day simple moving average is $0.01 and its 200-day simple moving average is $0.01. Bright Mountain Media has a twelve month low of $0.00 and a twelve month high of $0.04.

Bright Mountain Media Company Profile

Bright Mountain Media, Inc provides an end-to-end digital media and advertising services platform that connects brands with targeted consumer demographics in the United States and Israel. It focuses on digital publishing comprising websites, including Mom.com, Cafemom.com, LittleThings.com, and MamasLatinas.com; and advertising technology, consumer insights, creative, and media services. The company serves advertisers, advertising agencies and advertising service organizations. The company was formerly known as Bright Mountain Acquisition Corporation and changed its name to Bright Mountain Media, Inc in December 2015.